Value-Add

The real estate business of the Paris-based private equity firm has attracted €300m in commitments for its third value-add investment fund.

The New York-based proptech firm has hired two executives from Ares and Prospect Ridge to lead the new platform.

The Nordics-focused manager has appointed a senior construction executive to lead its next phase of growth, says founder Leif Andersson.

The investor first began building a core portfolio in Europe and Australia and now looks to expand into non-core strategies.

The Northern Europe-focused manager has raised €75m for the value-add vehicle’s first round of fundraising.

But those deploying capital in the country would still benefit from risk mitigation, members heard at the PERE Network Tokyo Forum 2023.

The London-based manager has raised €265m for its second fund for the pan-European urban logistics platform.

The London-based manager is over two-thirds of the way toward its target for the value-add and opportunistic fundraise.

The Barcelona-headquartered has already completed a first closing and outlays for the fifth in its value-add fund series.

However, the global CIO of the German asset manager sees recent government reforms as a way for the sector to return to a ‘healthy’ balance.